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Bitcoin Selloff Leaves Half of All Supply Trading at a Loss
Bitcoin Selloff Leaves Half of All Supply Trading at a Loss Bitcoin’s latest retreat has been so severe, it has pushed more than half its circulating supply into loss-making territory. With the coin trading around $61,000 — down some 50% from its record highs — and a fresh break below its 200-week moving average, it is quickly racking up losses for a growing share of its holders. For the first time since late 2022, more than 50% of the coins trading are doing so below their purchase price,...